Yellow Card Raises $33 Million to Expand Stablecoin Access in Africa
- Yellow Card secures $33 million in Series C funding to boost stablecoin services in Africa.
- The company operates in 20 African countries and has processed $3 billion in transactions.
- New funding will enhance Yellow Card’s API, expand services, and improve regulatory engagement.
Yellow Card, a leading stablecoin platform in Africa, has secured $33 million in Series C funding. The round, led by Blockchain Capital, brings the company’s total equity financing to $85 million. Yellow Card will use the funds to accelerate its growth across Africa and enhance its payment solutions for businesses.
Founded in 2019, Yellow Card has become a prominent fintech firm in Africa, operating in 20 countries and processing over $3 billion in transactions. The company helps businesses manage international payments and access stablecoins. With this new funding, Yellow Card plans to expand its team and improve its products.
Read also : Africa Embraces Bitcoin: 110+ Businesses Onboard
The Series C round included major investors like Polychain Capital, Castle Island Ventures, Block, Inc., and Winklevoss Capital. CEO Chris Maurice said the fundraise demonstrates the co…
The post Yellow Card Raises $33 Million to Expand Stablecoin Access in Africa appeared first on Coin Edition.
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Yellow Card Raises $33 Million to Expand Stablecoin Access in Africa
- Yellow Card secures $33 million in Series C funding to boost stablecoin services in Africa.
- The company operates in 20 African countries and has processed $3 billion in transactions.
- New funding will enhance Yellow Card’s API, expand services, and improve regulatory engagement.
Yellow Card, a leading stablecoin platform in Africa, has secured $33 million in Series C funding. The round, led by Blockchain Capital, brings the company’s total equity financing to $85 million. Yellow Card will use the funds to accelerate its growth across Africa and enhance its payment solutions for businesses.
Founded in 2019, Yellow Card has become a prominent fintech firm in Africa, operating in 20 countries and processing over $3 billion in transactions. The company helps businesses manage international payments and access stablecoins. With this new funding, Yellow Card plans to expand its team and improve its products.
Read also : Africa Embraces Bitcoin: 110+ Businesses Onboard
The Series C round included major investors like Polychain Capital, Castle Island Ventures, Block, Inc., and Winklevoss Capital. CEO Chris Maurice said the fundraise demonstrates the co…
The post Yellow Card Raises $33 Million to Expand Stablecoin Access in Africa appeared first on Coin Edition.
Read More
Thailand’s SET Imposes Emergency Rules: Short Selling Banned Apr 8-11